TOKYO: Japan's Sony Corp halved its stake in camera and endoscope maker Olympus Corp to raise funds for a restructuring drive under which it is boosting investment in sensors and videogames while pulling back from unprofitable segments.
Sony said it would book 46.8bil yen (RM1.44bil) in capital gains as it lowered its stake in Olympus to 5% from 10% through a sale to JPMorgan.
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